Time to revisit and revive my favorite forum thread.I choose to use the 7% return since I'm in accumulation phase and am not on a fixed withdrawal rate, so it seems to make more sense. At that rate, at 1700 hours a year (they have a good leave policy) my dudes are earning $6.40 an hour, or almost a grand a month. At 4% it is only $3.65, so I'll take the more fun number until I get closer to cashing in their paychecks. My second favorite way of looking at my savings is by looking at how many days a month I've saved up to retire with. All things being equal right now, I have finally broken through to March!
I love this!My stache is currently earning a mere $3.05 an hour. If I include my equity (ie my whole net worth), it almost employs one minimum wage worker ($7.50) an hour. It's a great way to judge both how much you've saved and what's worth your time in retirement.
Mine are earning about €0,05 an hour ... but by the end of the year, hopefully they'll earn €0,06. And by the end of next year they're supposed to be at €0,10!
Quote from: BC_Goldman on June 13, 2014, 07:47:03 PMBased on the 1700 hours calculation, my retirement account soldiers are making $0.87/hr (as of the end of Q1) which is up from $0.85/hr at the beginning of the year. Personally, I prefer to use 2000 hours since I'm not one for taking unpaid days off of work. Under these calculations, my soldiers earn $0.74/hr.I expect this to improve by the end of the year as I have finally gotten a job as an accountant instead of being unemployed (but working on my Accounting BS). I'm temp-to-hire but my boss has already said that she's very happy with my work and she's just waiting for the temp contract to run out.Roughly three years later, I'm up to $2.20/hr based on the 2,000 hour math. That's up from $1.79 at the end of 2016. I've also paid off all non-mortgage debt and build a decent emergency fund. Those original numbers have to be lower than they should be though. I think I may not have been counting a couple of side accounts.
Based on the 1700 hours calculation, my retirement account soldiers are making $0.87/hr (as of the end of Q1) which is up from $0.85/hr at the beginning of the year. Personally, I prefer to use 2000 hours since I'm not one for taking unpaid days off of work. Under these calculations, my soldiers earn $0.74/hr.I expect this to improve by the end of the year as I have finally gotten a job as an accountant instead of being unemployed (but working on my Accounting BS). I'm temp-to-hire but my boss has already said that she's very happy with my work and she's just waiting for the temp contract to run out.
$49 @ 4%.
$57.64 @ 4%
Quote from: Imma on September 14, 2017, 01:20:29 PMMine are earning about €0,05 an hour ... but by the end of the year, hopefully they'll earn €0,06. And by the end of next year they're supposed to be at €0,10!We're only at the start of Q4 and my soldiers are already earning €0,10 per hour! By the end of this year I hope they're earning €0,11 and by the end of next year €0,18.
Quote from: OneCoolCat on April 19, 2015, 02:39:41 PM.35 cents an hour! LOL. Hey, it's .35 cents more an hour than it was 7 months ago! Stash size = 15k, which I'm super proud of! Up to .90 cents an hour but it feels like im being taxed more than that now, lol.$1.90 now!
.35 cents an hour! LOL. Hey, it's .35 cents more an hour than it was 7 months ago! Stash size = 15k, which I'm super proud of! Up to .90 cents an hour but it feels like im being taxed more than that now, lol.